The U.S. grows less than 2 percent of the world’s rapeseed, but some think this will change. This past winter and spring, canola was called a popular crop for planting this year. Its lower input costs combined with higher overall oilseed prices made it a good pick. But that isn’t how it has played out. While output is projected to grow 30 percent, it will not be as large a crop as in 2018/19, which was only slightly larger and considered anomalous. The area harvested will be lower this year than last. It is popular but in a very limited way. The same way that growing canola is engrained in Canadian farmers’ planning, producing corn and soybeans is embedded knowledge and infrastructure for their peers to the so...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.